Melbourne boasts 418 startups in our sample database which represents about 23% of Australia’s sampled startups. Melbourne is the 2nd best startup ecosystem in Australia.
While Melbourne decreased by 3 spots in its global rank in the Global Startup Ecosystem Index of 2022, its ranking in Australia remained stable at 2 nationally since 2021.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Melbourne is ranked within the top 50 startup ecosystems globally.
Melbourne’s startups excel particularly in Energy & Environment where it ranks 4 and in Fintech, and Hardware & IoT. Find out more
2022 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 38th - 2 | 20.490 | 3.98 | 12.87 | 3.64 | |
2nd 0 | 42nd - 3 | 17.142 | 2.85 | 10.65 | 3.64 | |
3rd 0 | 101st + 11 | 7.151 | 1.04 | 2.47 | 3.64 | |
4th 0 | 166th + 9 | 4.810 | 0.48 | 0.69 | 3.64 | |
5th 0 | 239th - 41 | 3.248 | 0.46 | 0.24 | 2.55 | |
6th 0 | 243rd + 6 | 3.118 | 0.49 | 0.18 | 2.45 | |
7th 0 | 355th - 86 | 1.495 | 0.18 | 0.15 | 1.17 | |
8th 0 | 367th - 91 | 1.414 | 0.18 | 0.12 | 1.11 | |
9th + 1 | 543rd - 79 | 0.616 | 0.08 | 0.06 | 0.48 | |
10th - 1 | 622nd - 183 | 0.475 | 0.06 | 0.04 | 0.37 |
On our map, you can explore a total of 122 startups for Energy & Environment.
In Australia and Oceania, Melbourne's Fintech is in top 25. Melbourne has a concentration of about 0% of the country's total Fintech startups that are represented on our map.
Hardware & IoT is ranked 27th in the world. Our database contains 42 startups for this industry.
Within Melbourne there is an increased attraction for entrepreneurs to set up their startups in industries such as Energy & Environment, Fintech, Hardware & IoT. These three industries represent about 52% of the startups represented on the Startup Ecosystem Map of Melbourne.
Melbourne is Australia's 2nd best startup ecosystem and is ranked 2nd in Australia and Oceania. With a population of 5M - 10M people, Melbourne is ranked th in the world. The city boasts some notable startup success stories including Redbubble.
If you are a startup ecosystem developer in Melbourne, you can grow your startup economy by becoming a partner.
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